Investors in Shandong Xinneng Taishan Power GenerationLtd (SZSE:000720) From a Year Ago Are Still Down 33%, Even After 8.9% Gain This Past Week
Investors in Shandong Xinneng Taishan Power GenerationLtd (SZSE:000720) From a Year Ago Are Still Down 33%, Even After 8.9% Gain This Past Week
Shandong Xinneng Taishan Power Generation Co.,Ltd. (SZSE:000720) shareholders should be happy to see the share price up 24% in the last month. But in truth the last year hasn't been good for the share price. In fact, the price has declined 33% in a year, falling short of the returns you could get by investing in an index fund.
山東新能泰山發電有限公司, Ltd.(深圳證券交易所股票代碼:000720)的股東應該很高興看到上個月股價上漲了24%。但實際上,去年對股價不利。實際上,價格在一年內下跌了33%,未達到投資指數基金所能獲得的回報。
While the last year has been tough for Shandong Xinneng Taishan Power GenerationLtd shareholders, this past week has shown signs of promise. So let's look at the longer term fundamentals and see if they've been the driver of the negative returns.
儘管去年對山東新能泰山發電有限公司的股東來說是艱難的一年,但過去一週顯示出希望的跡象。因此,讓我們來看看長期基本面,看看它們是否是負回報的驅動力。
Given that Shandong Xinneng Taishan Power GenerationLtd didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Shareholders of unprofitable companies usually expect strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
鑑於山東新能泰山發電有限公司在過去十二個月中沒有盈利,我們將專注於收入增長,以快速了解其業務發展。無利可圖的公司的股東通常期望強勁的收入增長。那是因爲如果收入增長可以忽略不計,而且從來沒有盈利,就很難確信一家公司能否實現可持續發展。
Shandong Xinneng Taishan Power GenerationLtd's revenue didn't grow at all in the last year. In fact, it fell 48%. That's not what investors generally want to see. Shareholders have seen the share price drop 33% in that time. That seems pretty reasonable given the lack of both profits and revenue growth. It's hard to escape the conclusion that buyers must envision either growth down the track, cost cutting, or both.
去年,山東新能泰山發電有限公司的收入根本沒有增長。實際上,它下降了48%。這不是投資者普遍希望看到的。在此期間,股東們看到股價下跌了33%。鑑於利潤和收入增長都不足,這似乎很合理。很難逃避這樣的結論,即買家必須設想要麼實現增長,要麼削減成本,要麼兩者兼而有之。
The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers).
公司的收入和收益(隨着時間的推移)如下圖所示(點擊查看確切數字)。
![earnings-and-revenue-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240313/0-5aa6715b84dfdd54a74ffa3b614fde9a-0-f52240687e394b218fedf5dc199eb804.png/big)
If you are thinking of buying or selling Shandong Xinneng Taishan Power GenerationLtd stock, you should check out this FREE detailed report on its balance sheet.
如果你想買入或賣出山東新能泰山發電有限公司的股票,你應該查看這份關於其資產負債表的免費詳細報告。
A Different Perspective
不同的視角
While the broader market lost about 13% in the twelve months, Shandong Xinneng Taishan Power GenerationLtd shareholders did even worse, losing 33%. However, it could simply be that the share price has been impacted by broader market jitters. It might be worth keeping an eye on the fundamentals, in case there's a good opportunity. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 6% over the last half decade. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. It's always interesting to track share price performance over the longer term. But to understand Shandong Xinneng Taishan Power GenerationLtd better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with Shandong Xinneng Taishan Power GenerationLtd , and understanding them should be part of your investment process.
儘管整個市場在十二個月中下跌了約13%,但山東新能泰山發電有限公司股東的表現甚至更糟,跌幅爲33%。但是,可能只是股價受到了更廣泛的市場緊張情緒的影響。如果有很好的機會,可能值得關注基本面。不幸的是,去年的表現可能預示着尚未解決的挑戰,因爲它比過去五年中6%的年化虧損還要糟糕。我們意識到羅斯柴爾德男爵曾說過,投資者應該 “在街頭流血時買入”,但我們警告說,投資者應首先確保他們購買的是高質量的企業。長期跟蹤股價表現總是很有意思的。但是,要更好地了解山東新能泰山發電有限公司,我們需要考慮許多其他因素。例如,投資風險的幽靈無處不在。我們已經向山東新能泰山發電有限公司確定了兩個警告信號,了解它們應該是您投資過程的一部分。
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
如果你像我一樣,那麼你不會想錯過這份業內人士正在收購的成長型公司的免費名單。
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Chinese exchanges.
請注意,本文引用的市場回報反映了目前在中國交易所交易的股票的市場加權平均回報。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。